SAS 0.00% 1.6¢ sky and space company ltd

Looks like SAS might get an even get a bigger UK R&D Rebate in...

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    Looks like SAS might get an even get a bigger UK R&D Rebate in 2020 (more than the $2.7M AUD in 2019). All this including the ESA/UK Space partnership / funding offer is setting up SAS for success. Checkout latest news:

    More Tax Help For Innovative Businesses


    https://www.forbes.com/sites/davidprosser/2019/12/19/more-tax-help-for-innovative-businesses/#70ce8fd042c1


    Call it an early Christmas present. The newly-elected Conservative government has pledged to increase the tax support offered to businesses that invest in crucial research and development (R&D)...

    The announcement is very welcome, especially for fast-growing smaller companies staking their futures on their ability to innovate. Several billion pounds of R&D tax credits are already being paid out each year and the scheme is especially generous to small and medium-sized enterprises. They receive around 85% of this cash, which provides valuable assistance to loss-making firms that might otherwise struggle to invest anything at all in innovation.

    “Although the R&D tax credit regime is still lesser known, it is a relief that benefits UK business to the tune of over £4bn each year,”

 
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